Henrik Bang-Andreasen, founder and CEO of Seaproof, said: “We look forward to harnessing Balmoral’s undoubted engineering expertise and experience. The company’s track record is second to none and that will bring immediate benefits to Seaproof’s existing client base.

“The move opens up significant potential in the UK market for Seaproof, something we are very keen to develop. Both organisations see substantial opportunities for growth in the future.”

Balmoral’s chairman and managing director, Jim Milne, added: “We have a natural entrepreneurial spirit within the company and are always seeking opportunities. I am confident this platform will open new doors for us and we are excited at the prospect of working with the Seaproof team.”